© 2021 KOSU
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Modest increase in consumer spending propelled by higher gas prices at the pump

Retail spending increased by a modest .5% in March, which was a little slower than some analysts expected.

Scott Horsley, NPR’s chief economics correspondent, discusses the impact of inflation on American consumer spending.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

Hey! Did you enjoy this story? We can’t do it without you. We are member-supported, so your donation is critical to KOSU's news reporting and music programming. Help support the reporters, DJs and staff of the station you love.

Here's how: